Common use of Grant and Acceptance Clause in Contracts

Grant and Acceptance. Pursuant to the [_____], 20[__] authorization to grant shares of restricted stock to the current employees, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of [_______] shares (the “Award Shares”) of the Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions hereinafter set forth.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp)

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Grant and Acceptance. Pursuant to the [_____[ ], 20[__[ ] authorization to grant shares of restricted stock to the current employees, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of [_______[ ] shares (the “Award Shares”) of the Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions hereinafter set forth.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp), For Employees (Capstead Mortgage Corp)

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Grant and Acceptance. Pursuant to the [_____], 20[___] authorization to grant shares of restricted stock to the current employees, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of [_______] shares (the “Award Shares”) of the Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions hereinafter set forth.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement for Employees (Capstead Mortgage Corp)

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